Nigeria to liquidate 42 microfinance banks
Authorities are verifying the claims of stakeholders of the 42 MFBs that lost their licenses...
Tag : NIgerian Banks
Nigerian banks suffer liquidity window drop: CBK
The average daily deposit dropped to N48.32 billion in 251 transaction days last year...
Union Bank of Nigeria gets $200 mn to fund SMEs, entrepreneurs
Part of the $200 mn funding from OPIC will be used to drive digitalisation...
CBN deadline: Nigerian banks scramble for borrowers
Tier-1 banks with assets greater than or equal to N1 tn are luring borrowers in Tier-2 banks with attractive interest rates...
Nigerian banks NPA loan book reaches ₦1.5 tr in 2018
The NPAs show a 15% increase when compared to ₦1.3tr of non-performing loans in 2017...
Nigeria’s biggest lenders now focused on improving retail banking
Africa's retail banking revenues will reach $53 billion in 2022, increasing from $35 billion in 2017...
Listed Nigerian banks make Q1 profits of N256 billion
Effective funding optimization and a drive for higher efficiency boost Nigerian Banks’ profits in a slow environment....